Re: Current Management is Savvy and Sincere
in response to
by
posted on
Oct 20, 2012 08:40PM
Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.
I have been involved in FND longer than FANI - probably 15 years. Peter can attest that I have been one of his most loyal shareholders and supporters I have defended him on agoracom probably more than anyone else on this board I and my friends have bought millions of shares - 6 M + Many of FNC financings might not have closed without my effforts I stopped communicatiing with Peter about 6 months ago when it be came clear that his main interest was in pursuing his projects lining the pockets of the flow through companies rather than advance share holder value A 30 page complaint outlining management malfeseance (signing two fraudualnt statements) has been filed woth the BC Secuites commission I have bee told that Peter has promised Marquest a financing in return for their votes which is another violation of corporate fiduciary reponsiblity because he would have to look for the best financing deal I dont think we would be in a good position if a regulatory problem comes up and currant management is in place I have listed many other problems I have with Peter's approach which you can read in my past postings The value that this company has does not do anything for shareholders if Peter refuses to leave his office and engage the investing community persoanlly or by various media The web site is a good case in point He finally agreed that it needed to improved but it took months brecause he had one of his relatives do the work
The prudent course to follow is to vote the Yellow Proxy Support managment at your peril